85S10298 SMH-F
By: Darby H.B. No. 81
A BILL TO BE ENTITLED
AN ACT
relating to the number of registered voters of a taxing unit other
than a school district who are required to sign a petition for an
election to determine whether to reduce the ad valorem tax rate
adopted by the unit to the rollback tax rate in order for the
petition to be valid.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 26.07(b), Tax Code, is amended to read as
follows:
(b) A petition is valid only if:
(1) it states that it is intended to require an
election in the taxing unit on the question of reducing the tax rate
for the current year;
(2) it is signed by a number of registered voters of
the taxing unit equal to at least:
(A) one [seven] percent of the number of
registered voters of the taxing unit according to the most recent
list of registered voters if the tax rate adopted for the current
tax year would impose taxes for maintenance and operations in an
amount of at least $10 [$5] million; or
(B) three [10] percent of the number of
registered voters of the taxing unit according to the most recent
official list of registered voters if the tax rate adopted for the
current tax year would impose taxes for maintenance and operations
in an amount of less than $10 [$5] million; and
(3) it is submitted to the governing body on or before
the 90th day after the date on which the governing body adopted the
tax rate for the current year.
SECTION 2. The change in law made by this Act applies to the
ad valorem tax rate of a taxing unit beginning with the 2018 tax
year.
SECTION 3. This Act takes effect January 1, 2018.